Stocks are on the upswing again. How do I know? I look at the stock market reports daily.
This was one of the first tips given by my financial planner to me – to look at the business page, particularly the big rectangular block full of numbers and letters, read it over, pick at least 10 stocks that I would watch daily, and watch them daily (yes, it is a commitment). He said that this way, I would develop a feel for it. This, he tells me further, is how the pros do it – everyday, full time. I looked at him, half-smiling (I was trying to convince him that I could do it) and half-wincing (I imagined it as a painful exercise). Sure looked like it was a lot of hard work. But I found out – it was not.
Let me tell you, I hardly ever looked at the business page before. It screamed boring! to me. After all, who cares about companies and mergers and acquisitions when there’s news that Actress A is pregnant and the dad is Actor B who is married and their story is played till kingdom come and I had 30 minutes to spare? Even the cartoon page would get first dibs.